Latest news – Page 554
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Rico buys Circle Express
Rico has bought a majority shareholding in air freight distribution carrier Circle Express as part of a “strategic acquisition” plan. Circle Express, which has been trading through a CVA since May 2012, had an annual turnover of £29m in 2014, and runs more than 300 vehicles across eight airport-based depots.The ...
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Ferguson Transport sees turnover climb as profit takes a dip
Ferguson Transport (Spean Bridge) increased turnover by almost 11% last year, despite downturns in some of the sectors it operates in.The Highlands haulier said sales had increased to £16.4m in the year ending 30 April 2015, up from £14.7m in 2014.However, pre-tax profit fell to £120,000, compared with £881,000 the ...
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Palletforce plans 'super hub' for 2017
Palletforce will begin work on a £20m “super hub” next to its existing Burton upon Trent site this year.Signalling a year of investment following EmergeVest’s £30m purchase of the pallet network in 2015, the new hub will stand on land next to its home at Callister Way. The purpose-built facility ...
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Pryor Group weighing up administration route
Civil engineering and earth moving group Pryor is understood to have issued an intention to appoint administrators.The company is understood to still be trading and exploring a number of options including a sale.Although Motortransport.co.uk had received reports that the firm's tipper fleet at its Harlow headquarters was parked up, a ...
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DX Group launches collection service with InPost and Doddle
DX Group has launched DX Parcel Exchange, which will allow customers to collect parcels from InPost and Doddle locations across the UK. Customers using the service can use DX Parcel Exchange’s single web page to opt to collect a parcel from one of InPost’s lockers in supermarkets and petrol stations ...
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TfL consultation launched on requirement for lorries to fit extra windows to enhance direct vision
TfL has today (22 Jan) launched a consultation on the requirement for HGVs to fit extra passenger door windows to improve visibility of cyclists on the nearside of the vehicle.Under the proposals, first announced last September, lorries operating in the capital would be required to fit an additional window in ...
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XPO Logistics wins Freeride Tour contract
XPO Logistics has won a contract to transport equipment for the 2016 Swatch Freeride Tour. XPO will use two bespoke vehicles on the European leg of the freestyle skiing and snowboarding competition, specially designed for operating at high altitudes.The trucks are fitted with snow tyres and chains, as well as ...
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Hermes to increase capacity by 45% with new Rugby super hub
Work has started on Hermes’s new £31m super hub in Rugby, which will increase the company's capacity by almost a quarter. The automated distribution facility, which will be able to process up to 1.1 million parcels a day, is the parcel carrier’s largest investment to date. It will up the ...
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Royal Mail sees letters drop-off offset by parcel volume rise
Rising parcel volume almost offset the fall in Royal Mail's letters volume, a trading statement for the nine months ended 27 December 2015 said.The carrier said performance was “in line with expectations” after parcels volume in December 2015 grew 6% year-on-year, with Royal Mail handling more than 150m parcels throughout ...
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Panther buys £3m MAN fleet
Panther Warehousing has spent £3m on a fleet of MANs to support ongoing growth in the business. The two-man delivery outfit has added 25 7.5 tonne rigids and 18 MAN tractor units to its fleet, as well as 75 SDC trailers.Far from committed to just the one supplier, MD Colin ...
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General Motors renews XPO-Vauxhall contract
General Motors has extended its long-standing relationship with XPO Logistics with a three year renewal of its Vauxhall contract. The deal sees XPO make out-of-hours deliveries every night to more than 300 Vauxhall outlets across the UK.XPO collects cargo from the manufacturer’s national parts DC in Chalton, Bedfordshire before delivering ...
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APC blames changing market for falling profit
APC Overnight blamed changing types of freight for the dip in pre-tax profit that it saw in the last financial year. The parcel delivery network saw its profit drop by 31% in the year ended 31 March 2015, falling from £3.5m to £2.4m.APC chief executive Jonathan Smith (pictured) told Motortransport.co.uk ...
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Register now for Freight in the City Summit in Manchester
The Freight in the City Spring Summit 2016 will be held in Manchester on 3 March. It will focus on what the government’s northern powerhouse strategy means for urban logistics in the north of England.Following on from the successful Expo at Alexandra Palace in London last October, this is the ...
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Freight in the City Spring Summit podcast available now
With six weeks to go until the Freight in the City Spring Summit, we thought you'd like to hear a bite-size preview of some of issues being covered throughout the day.To that end we’ve hijacked our colleagues at Motor Transport and taken over their podcast with a Freight in the ...
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Macintyre Transport deal a significant leap for Turners' container ambitions
The purchase of Macintyre Transport is a “significant” move that has doubled the size of Turners (Soham)’s container vehicle fleet in one fell swoop, according to its boss Paul Day.Speaking to Motortransport.co.uk after last week’s acquisition of the Felixstowe-headquartered business, MD Day said discussions began after he became aware that ...
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Are the truck OEMs boycotting the CV Show?
As a senior executive in the UK truck industry for more than 40 years I am very surprised to learn that no truck manufacturer will be present at the 2016 CV Show.I am very aware of the cost of exhibiting at such an event and the economic circumstances of recent ...
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Suttons appoints former Wincanton chief executive as chairman
Suttons Group has appointed former Wincanton chief executive Graeme McFaull as its chairman of supply chain and logistics. He replaces former MD and chairman Michael Sutton, who died unexpectedly last year aged 66. Michael was the son of Suttons Group founder Alf Sutton.McFaull’s appointment took effect on 4 January.Current Suttons ...
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Fresh call for action as migrant problems delay new rail freight service
The FTA has reiterated previous calls for action over migrant build-ups in northern France after a new rail freight service to the port of Calais was postponed due to safety concerns. VIIA, a subsidiary of French rail network operator SNCF, was due to begin operating a new rail freight service ...
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Operators prosecuted for breaking London Safer Lorry Scheme rules
Two companies that flouted London’s Safer Lorry Scheme (SLS) by using vehicles not fitted with safety equipment have been prosecuted and fined.D&R Grab Hire and What A Load of Rubbish were stopped by officers and found to be in breach of the SLS traffic regulation order by having no Class ...
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Hoyer puts new tanker design into service in UK
An innovative petroleum tanker from the German manufacturer Schrader has entered service with Hoyer Petrolog UK. The Unitas 2020 is a six-compartment tanker designed to carry 43,000 litres of petroleum, ethanol or a blend of both, with a tare weight of 5,450kg.With a low overall height of 3,900mm, it has ...